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Adtran Holdings (STU:QH9) Cyclically Adjusted PS Ratio : 0.35 (As of May. 19, 2024)


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What is Adtran Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Adtran Holdings's current share price is €4.838. Adtran Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.68. Adtran Holdings's Cyclically Adjusted PS Ratio for today is 0.35.

The historical rank and industry rank for Adtran Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:QH9' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.51   Max: 3.15
Current: 0.35

During the past years, Adtran Holdings's highest Cyclically Adjusted PS Ratio was 3.15. The lowest was 0.30. And the median was 1.51.

STU:QH9's Cyclically Adjusted PS Ratio is ranked better than
79.55% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs STU:QH9: 0.35

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Adtran Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.640. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €13.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adtran Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adtran Holdings's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Adtran Holdings Cyclically Adjusted PS Ratio Chart

Adtran Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 1.20 1.76 1.33 0.50

Adtran Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 0.71 0.56 0.50 0.37

Competitive Comparison of Adtran Holdings's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Adtran Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Adtran Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Adtran Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Adtran Holdings's Cyclically Adjusted PS Ratio falls into.



Adtran Holdings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Adtran Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.838/13.68
=0.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Adtran Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Adtran Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.64/131.7762*131.7762
=2.640

Current CPI (Mar. 2024) = 131.7762.

Adtran Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.326 100.560 3.048
201409 2.306 100.428 3.026
201412 2.162 99.070 2.876
201503 2.461 99.621 3.255
201506 2.748 100.684 3.597
201509 2.821 100.392 3.703
201512 2.568 99.792 3.391
201603 2.586 100.470 3.392
201606 2.952 101.688 3.825
201609 3.091 101.861 3.999
201612 3.173 101.863 4.105
201703 3.253 102.862 4.167
201706 3.395 103.349 4.329
201709 3.200 104.136 4.049
201712 2.190 104.011 2.775
201803 2.031 105.290 2.542
201806 2.290 106.317 2.838
201809 2.514 106.507 3.110
201812 2.579 105.998 3.206
201903 2.659 107.251 3.267
201906 2.881 108.070 3.513
201909 2.166 108.329 2.635
201912 2.174 108.420 2.642
202003 2.161 108.902 2.615
202006 2.369 108.767 2.870
202009 2.334 109.815 2.801
202012 2.171 109.897 2.603
202103 2.186 111.754 2.578
202106 2.405 114.631 2.765
202109 2.415 115.734 2.750
202112 2.789 117.630 3.124
202203 2.857 121.301 3.104
202206 3.267 125.017 3.444
202209 4.712 125.227 4.958
202212 4.344 125.222 4.571
202303 3.861 127.348 3.995
202306 3.856 128.729 3.947
202309 3.255 129.860 3.303
202312 2.633 129.419 2.681
202403 2.640 131.776 2.640

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Adtran Holdings  (STU:QH9) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Adtran Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Adtran Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Adtran Holdings (STU:QH9) Business Description

Industry
Traded in Other Exchanges
Address
901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807
Adtran Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products, and Services & Support, which includes a portfolio of network implementation services, support services, and cloud-hosted SaaS applications that complement the product portfolio and can be utilized to support other platforms as well. These two segments span across their three revenue categories: Access & Aggregation, Subscriber Solutions, and Optical Networking Solutions.

Adtran Holdings (STU:QH9) Headlines

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